Yesterday, Jerome Powell and the FOMC officials did what every analyst and economist anticipated: Slash interest rates. However, something unexpected happened when they did. Instead of spiking above $120,000, BTC USD and most blue chips temporarily rose before dipping. At one point, the Bitcoin price trended at the $115,500 region before recovering.
The good news is that the Bitcoin price is now firm, steady above $117,000 when writing. It is also unsurprising that though BTC USD and gold are trading cautiously above key resistance levels, analysts are upbeat, expecting a moonshot. On X, one analyst is convinced the digital gold will race to as high as $155,600 in the coming weeks.
#Bitcoin is going to $155,600 ? 🤔
Price has flipped 1.618 extension level into support and is trading above it.
The next important fib level is 2.618, which is around $155,600. pic.twitter.com/SDesvZ65oj
— Mags (@thescalpingpro) September 17, 2025
On Coinglass, traders and Bitcoin holders are moderately bullish. The long/short ratio among top traders on Binance is 1.9, while the same metric among BTC account holders is 1.2. On OKX, the long/short ratio among accounts is 0.96. While traders are mostly bullish, they don’t expect an immediate takeoff, though the average trading volume across all major perpetual exchanges is rising.
(Source: Coinglass)
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BTC USD and Gold Trade Cautiously After FOMC Meeting
From the BTC USD daily chart, the
Bitcoin
0.48%
Bitcoin
BTC
Price
$64,628.82
0.48% /24h
Volume in 24h
$16.11B
Price 7d
Buy with Best Wallet
price is trading at a one-month high, retesting the August 22 level. Overall, buyers have had the upper hand since the start of September, contrary to what many analysts expected to happen this month: for the BTC USDT price to dump.
If the Bitcoin price closes above $118,000 today, the digital gold will likely hit $125,000 in the coming few weeks. However, for this Bitcoin price prediction to hold, buyers must defend $114,000, actively buying every dip.
Meanwhile, gold, the largest safe haven by market cap, is trading at near all-time highs. Despite racing to as high as $3,740 yesterday, printing new all-time highs, the coin fell after the FOMC meeting. Earlier today, gold traders were bidding up.
(Source: MGC, TradingView)
Still, with the bearish engulfing pattern of September 16 and 17, buyers must aggressively load up and reclaim all-time highs for trend continuation. If not, any drop below $3,650 may see the gold price reverse sharply toward the $3,600 and $3,500 support levels.
Several explanations could be behind the shaky gold and Bitcoin price actions. All of them stem from comments made by Powell, the Federal Reserve chair.
On one hand, while they slashed rates and said they might be slashed two more times by the end of the year, the central bank also added that only one rate cut should be expected next year. This projection indicates that the Federal Reserve expects to maintain rates between +3.25% and +3.50% by the end of next year.
Overall, this is a restrained outlook that could reflect a balancing act that aims to support softening labor market conditions while addressing what is generally high inflation, stemming mostly from tariffs. Inflation has been firm, currently standing above the 2% benchmark.
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Moreover, the Canonical bridge connecting the mainnet to the layer-2 leverages zero-knowledge proofs for better scalability and privacy.
Over $16.5M has been raised in the ongoing presale. Each HYPER token is trading for $0.012935, but prices will increase in the next 20 hours.
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BTC USD, Gold Shaky After FOMC, Bitcoin Hyper Shines
- Bitcoin price capped below $120,000
- BTC USD firm and may extend gains
- Gold pulls back from all-time highs after rate cut
- Bitcoin Hyper raises over $16.5M
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